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Friday 11 November 2016

LUPIN DAILY CHART

Buy LUPIN 1480---1490  Stoploss 1420 Target 1600--1650 Duration- 4--7 Days

Graphical Presentation:

lupin daily chart analysis

Technical specification: Lupin on daily chart had formed a double bottom in recent last three trading session from where it has given strong up move with good support of rising volume above daily average so we can expect the upmove will get extend till the price hold level of 1520 on closing basis. Also on RSI parameter it is on rising upward above 50 level in coming days so there is still lot of upside is left on daily chart. So Traders & Investors are advised to trade as per there risk appetite after consulting his Financial Advisor.